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Saudi Arabia's share of the oil market is set to rise this decade to its highest since the 1980s as investment in production elsewhere dries up in the wake of the coronavirus crisis, J.P. Morgan said in a report.

EU antitrust regulators have set a July 16 deadline for a decision on whether to clear French TGV high-speed train maker Alstom's bid for Bombardier Inc's rail division, according to a filing on the European Commission website.

Japan's Honda Motor Co has resumed production at automobile and motorcycle plants in the United States and other countries after they were hit by a suspected cyber attack this week, a spokesman said on Friday.

As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.

Twitter on Thursday said it removed more than 170,000 accounts tied to a Beijing-backed influence operation that deceptively spread messages favorable to the Chinese government, including some about the coronavirus.

* France's Interparfums jumps on deal with Moncler (Adds comment, updates prices)

The public health crisis caused by the COVID-19 epidemic in Europe is not over yet, the European Union's top health official warned on Friday, urging governments to remain vigilant and plough ahead with testing and tracing the population.

The Hong Kong government and China's foreign ministry branch in the city hit back on Friday at a report by Britain criticising Beijing's plans for national security legislation, saying it was "biased" and intervened in internal affairs.

British Airways, easyJet and Ryanair said on Friday they have begun legal action against the British government's quarantine policy in a bid to overturn what they see as overly strict rules.

Three U.S. lawmakers asked Zoom Video Communications Inc to clarify its data-collection practices and relationship with the Chinese government after the firm said it had suspended user accounts to meet demands from Beijing.

* Graphic: World stocks market cap loss https://tmsnrt.rs/30zdOIL

European shares slipped in choppy trading on Friday after their worst one-day sell-off since late March as doubts grew over the pace of economic recovery amid signs of a resurgence in COVID-19 cases.

China on Friday said Twitter should shut down accounts that smear China if it wants to fight disinformation, arguing that the country is the biggest victim of disinformation.

A look at the day ahead from Dhara Ranasinghe, senior markets correspondent, EMEA. The views expressed are her own. A week, it appears, is a long time in the world of financial markets. Hopes for a swift economic recovery, propelled by massive monetary and fiscal stimulus, have been replaced by fears over a resurgence in coronavirus infections -- wiping $3 trillion off the value of world stock markets.

British Airways, easyJet and Ryanair have launched legal action against the UK government's quarantine policy, asking for a judicial review to be heard as soon as possible, a statement from BA's parent IAG said.

Japanese government bond prices sagged on Friday, following tepid results of a bond operation by the Bank of Japan and amid a lack of follow-through buying after initial gains on global stocks sell-off.

Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic.

Asian shares fell sharply on Friday and oil prices extended losses on growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery in economies reopening from lockdowns, or even lead to fresh restrictions.

Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic.

With no truly safe bets during a wild year for financial markets, there's now a hunt to cover all eventualities and Japan's yen could offer a peculiar twin role.